3. A newspaper company currently charges $6 per week to its subscribers, but is considering raising their price. The company found that their weekly revenue R can be modeled by the function R(x) =-750(x – 40)(x+ 20) where x is the number of $0.25 increases in the weekly price. a. What is the maximum weekly revenue that can be expected for this company? How do you know? b. What weekly price would generate the maximum weekly revenue for the newspaper? Show all work.

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Polynomial And Rational Functions
Section9.4: Graphing Polynomial Functions
Problem 44PS: A company determines that its weekly profit from manufacturing and selling x units of a certain item...
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3. A newspaper company currently charges $6 per week to its subscribers, but is considering raising
their price. The company found that their weekly revenue R can be modeled by the function R(x)
=-750(x – 40)(x + 20) where x is the number of $0.25 increases in the weekly price.
а.
What is the maximum weekly revenue that can be expected for this company? How do you
know?
b. What weekly price would generate the maximum weekly revenue for the newspaper? Show
all work.
Transcribed Image Text:3. A newspaper company currently charges $6 per week to its subscribers, but is considering raising their price. The company found that their weekly revenue R can be modeled by the function R(x) =-750(x – 40)(x + 20) where x is the number of $0.25 increases in the weekly price. а. What is the maximum weekly revenue that can be expected for this company? How do you know? b. What weekly price would generate the maximum weekly revenue for the newspaper? Show all work.
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